Renewables

Tesla is constructing a new $100 million Megapack battery energy storage facility in Australia. The project aims to balance solar generation variability and provide power for 145,000 homes.

March 21, 2026 Reported by AI

The Unidad de Planeación Minero Energética (UPME) reported that in 2025 solar energy generated 4,473.8 GWh, surpassing coal by 25% at 3,564.2 GWh. President Gustavo Petro highlighted a 1,650% growth under his government. UPME emphasizes the sun's relevant role in the national grid.

In late November, workers in Devon, England, began creating a special energy-storing fluid by adding a secret light brown powder to water. The mixture, blended carefully over weeks, aims to be 2.5 times denser than water. This innovation highlights the renaissance of pumped hydro energy storage amid growing renewable energy integration.

December 06, 2025 Reported by AI

The Danish fund Copenhagen Infrastructure Partners (CIP) presented the 'Parque Fotovoltaico Ckoirama Solar' project, a 420.6 MW plant in the Antofagasta commune with a $500 million investment. The initiative, filed with the Environmental Assessment Service (Seia), ranks among Chile's largest photovoltaic projects this year. It is expected to begin execution in December 2027.

On November 13, 2025, Ecopetrol finalized the deal with Statkraft to acquire a solar project portfolio in Colombia for US$157.5 million. The state oil company becomes the 100% owner of the involved companies, incorporating about 0.6 GW of solar capacity. The transaction uses incremental debt from its organic investment financing plan.

November 05, 2025 Reported by AI

Illinois lawmakers have enacted the Clean and Reliable Grid Affordability Act to combat soaring electricity prices by investing in battery storage and lifting a nuclear moratorium. The legislation introduces a temporary surcharge on bills but promises substantial long-term savings. It marks the state's first major climate initiative since President Trump's return to office.